Tag Archives: average

Las Vegas housing supply remains tight; average prices again increases

[not able to obtain full-text content] The average price for an existing single-family home offered in Las Vegas last month was $280,000, according to the Greater Las Vegas Association of Realtors. House prices increased 1.8 percent from February and 15.7 percent from March 2017. Likewise, the average list price of townhouses and condos was $160,000, or a spike of 30.1 percent from the same time last year. The total number of existing local houses, apartments and townhouses sold during …

Average gas costs in Las Vegas area increasing

Monday, March 19, 2018|8 a.m.

Gas prices in the Las Vegas area have actually increased in the past week.

GasBuddy.com reports the typical retail price of a gallon of gas in the location has increased nearly 6 cents in the past week, to an average of $2.82. That’s inning accordance with a survey of 649 gas outlets.

Gas costs in Las Vegas Sunday were 21 cents a gallon higher than a year ago and about 7 cents more than a month back.

GasBuddy.com senior petroleum analyst Patrick DeHaan says seasonal elements continue to impact gas rates. He says gas costs nationwide this spring will be between 10 percent and 25 percent higher than a year ago.

The national average has actually increased about 3 cents per gallon in the previous week, to $2.54.

Las Vegas marijuana dispensary consumers up 5 times average on first day of recreational sales

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class= “photo” src= “/wp-content/uploads/2017/07/20170630_Sun_Recreational_Weed_LE16_t653.jpg” alt=” Image “/ > L.E. Baskow A lot of money changes hands at the Essence marijuana store on S. Las Vegas Blvd. as recreational sales of cannabis started at Midnight in Nevada and dispensaries throughout Las Vegas are open and performing a brisk company on Saturday, July 1, 2017.

contact) Saturday, July 1, 2017|8:45 p.m. Recreational Weed Sales Start Launch slideshow” Leisure marijuana in Nevada Years of exactly what those in the marijuana industry called restriction of the plant paid off smoothly for Las Vegas dispensaries on the first day of legal recreational sales in Nevada on Saturday, with some shopkeeper reporting over night sales boosts of up to 5 times their average everyday numbers under the previous medical-only market. “This is something we’ve worked long and hard for,” stated Andrew Jolley of The+ Source dispensary at 2550 S Rainbow Blvd.” It’s likewise a fantastic day for Nevada and marijuana users who are not seen as bad guys.” Countless customers across the Las Vegas Valley flocked to the

38 open dispensaries, enduring lines and waiting times of over three hours for their opportunity to buy up to one ounce of marijuana flower, or one-eighth ounce of the THC equivalent of edibles and concentrates, like shatter, wax and co2 oil, after Nevada legislated using possession of recreational weed for adults during last November’s election and the state legislature set the framework for legal sales to begin July 1. As many as 120 such customers sustained temperature levels reaching 110 degrees at Jolley’s dispensary, just after

5 p.m. Saturday as the owner, outfitted in dark grey t-shirt and shorts, shook hands, welcomed buyers and directed his beefed up staff. To accommodate those waiting in the heat, Jolley opened up an unused indoor area next to his dispensary, where clients stood inside next to a misting fan and were served bottled water. “It’s a testimony to those who came out today, that they ‘d endure this,” Jolley said.” It shows how passionate people have to do with this problem.” At Inyo Dispensary, 2520 Maryland Pkwy, owner David Goldwater said his clientele was likewise up 5 times from the number of medical clients he served Friday. A line of 30 clients stood outside the dispensary during the early night hours after more than 200 flocked to the dispensary when it opened at 10 a.m. Since about 5 p.m. Saturday, City Authorities hadn’t reacted to any significant calls linked to the sale of recreational cannabis, Lt. Carlos Hank stated. A group of individuals collected at a lobby area of Blum Las Vegas Medical Marijuana Dispensary, 1130 E. Desert Inn Roadway, the wait to get in the buying room was estimated at about

an hour in the early afternoon.” I’m not worried about it, I waited 15 years, “stated New Jersey resident John Gougousis, 47, who has financial interest in the marijuana industry. About 30 years of building

work has left Gougousis with numerous disorders and a lot of pain, consisting of to his back. On Saturday he stated he was going to acquire CBD oil. Southern Nevada law enforcement agencies and Clark County took to social networks to advise the public about the guidelines to which lawfully and securely consume the drug. Clark County produced an animated video explaining where marijuana can and can’t be taken in. Metro created an emoji-heavy graphic highlighting the legal age to purchase and utilize cannabis, and reminded users to not own while impaired. The post was shared by North Las Vegas Police. Henderson Authorities, in a Facebook post, wrote that the company would be

imposing the city’s laws.” Respect your neighbors if you decide to use leisure marijuana and please do not engage in any activities that could threaten lives,” the post read.

” … Keep all kinds of cannabis secured securely so that it is not available to kids or family pets. “The Nevada Highway Patrol published on Twitter an image of an automobile key on top of cannabis,” OWN HIGH, GET A DUI.”

Average gas price in Nevada leaps more than 7 cents

Monday, May 22, 2017|2:05 p.m.

Fuel costs are on the rise in Nevada.

GasBuddy.com reports the average retail price of a gallon of gas in the state has increased more than 7 cents in the past week, to approximately $2.82. That’s according to a study of more than 1,100 gas outlets in Nevada.

Gas costs in Nevada Sunday were practically 34 cents a gallon greater than a year ago and 11 cents greater than a month earlier.

GasBuddy.com senior petroleum analyst Patrick DeHaan states gas rates have climbed up throughout an excellent part of the U.S. after crude oil prices increased by $3 a barrel last week.

The nationwide average increased over 2 cents per gallon in the past week, to $2.35.

Average United States gas price drops 5 cents, as unrefined cost falls

Sunday, May 7, 2017|4 p.m.

CAMARILLO, Calif.– The typical cost of a gallon of regular-grade fuel dropped 5 cents nationally over the past 2 weeks, to $2.41.

Market analyst Trilby Lundberg of the Lundberg Study said Sunday that the drop reflected lower costs for petroleum, along with abundant gas supplies.

She says the national average is 14 cents a gallon above the cost a year ago.

Gas in San Francisco was the highest in the adjoining United States at approximately $3.02 a gallon. The lowest was in Tulsa, Oklahoma, at $2.02 a gallon.

The U.S. average diesel cost is $2.57, down 2 cents from two weeks back.

Mortgages released by lenders up this year, nearly on par with national average

Lenders have actually been issuing Las Vegas property buyers more home loans this previous year, however volume still fades in comparison to the peak of the realty bubble, a new report states.

A total of 8,191 home loans were doled out for house purchases in Southern Nevada in the three months ending June 30, up 8 percent from the same duration in 2013, according to RealtyTrac.

The speed was just behind the nationwide average. Lenders issued roughly 738,000 loans for purchases nationally in the second quarter, up 9 percent year-over-year.

At the same time, loan providers have been refinancing mortgages locally and throughout the nation at a fast speed this past year amid historically low rate of interest that, despite increasing because January, remain below in 2013’s levels.

A total of 10,273 refinancing loans were provided in the 2nd quarter in the Las Vegas area, up 40 percent from the exact same duration in 2013, RealtyTrac reported.

Nationally, loan providers composed more than 1.2 million “refis” last quarter, up 32 percent.

The typical rate of interest in June for a 30-year home mortgage was 3.98 percent, up from 3.67 percent in January however below 4.16 percent in June 2014, according to mortgage-finance company Freddie Mac.

Rates climbed up again last month, to approximately 4.05 percent.

In spite of the increase in Las Vegas for purchases, home loan loan providers were far busier here last years prior to the economy broke down, when banks provided cash to virtually anybody to purchase a location. Fueled by simple money, housing costs increased.

Throughout the bubble years of 2004 to 2006, loan providers provided approximately 7,331 loans monthly for house purchases in Southern Nevada, according to RealtyTrac information.

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